Market insights
What the data says about manufactured home communities, lending and ownership.
Lenders › The First National Bank of Milaca
The First National Bank of Milaca
2025 manufactured home lending from public HMDA data.
Loans originated (2025)
17
-19.0% vs 2024Originations
$1.1M
Loans x average loanAverage loan
$66,176
Average interest rate
n/a
Denial rate
26%
Home only share
n/a
Year over year
| Year | Applications | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|---|
| 2025 | 27 | 17 | $1.1M | $66,176 | n/a | 26% | n/a |
| 2024 | 34 | 21 | $2.1M | $101,190 | n/a | 24% | n/a |
Lending by state (2025)
| State | Loans | Originations | Avg loan | Avg rate | Denial rate | Home only |
|---|---|---|---|---|---|---|
| MN | 17 | $1.1M | $66,176 | n/a | 26% | n/a |
Data source: Home Mortgage Disclosure Act (HMDA). Public annual data from the FFIEC and CFPB, loans reported with a manufactured home construction method. Informational only, not a recommendation of any lender.